Afren plc announces that development drilling has commenced on the Okoro East field, following the discovery in January 2012. In addition, a side-track of the existing Okoro-5 well has encountered additional oil volumes in a previously un-swept area of the reservoir within the Okoro main field, offs
Kreuz Holdings Limited, a subsea service provider for the oil and gas industry, announced that it has won a contract worth approximately US$13 million from a leading offshore company in the oil and gas business to provide subsea installation services in Southeast Asia. The work is scheduled to comme
French Technip announces that its Board of Directors on July 24, approved the second quarter and first half 2012 consolidated accounts. At the end of second quarter 2012, Technip’s backlog rose to €12,724 million, compared with €12,344 million at the end of first quarter 2012 and €9,413 million at t
The Board of Directors of SapuraKencana Petroleum Berhad announces that its wholly-owned subsidiary, Kencana HL Sdn. Bhd. has recently received Notices of Award from Murphy Sarawak Oil Co., Ltd. for the Engineering, Procurement, Construction and Commissioning (EPCC) of Patricia Satellite (PT-SA) Top
Bookings have officially opened for the annual Offshore Decommissioning Conference organised by Decom North Sea in partnership with Oil & Gas UK. This year it is being held at a new venue, the Fairmont Hotel, St Andrews, on 9-11 October. With decommissioning North Sea oil and gas facilities projecte
Metocean Services International (MSI) recently provided a real-time current measurement system for installation on the Maersk Guardian offshore Norway. StormGeo AS have in May of this year supplied a totally integrated live current and weather forecasting system to the Norwegian oil and gas market t
Rialto announces that the Gazelle-P4 development well was spudded on 25 July 2012 using the Transocean GSF Monitor drilling rig. Gazelle-P4 is testing the oil potential of the UC-2 and UC-4 oil reservoirs as well as the gas potential of the UC-3, UC-5, LC-1 and LC-2 gas reservoirs discovered by the
Tullow Oil plc (Tullow), the independent oil and gas exploration and production Group, announces its half-yearly results for the six months ended 30 June 2012. Tullow had an excellent first half. The Group’s strong financial performance was mainly driven by increased production, sustained high commo
BMT ARGOSS, a subsidiary of BMT Group Ltd, has secured a weather forecasting contract for a major oil company in the Java Sea. BMT ARGOSS’s expertise will be used to ensure the safe transfer of crews to and from offshore platforms and to optimise operability and minimise risks due to unexpected and
ConocoPhillips reported second-quarter 2012 earnings of $2.3 billion, or $1.80 per share, compared with second-quarter 2011 earnings of $3.4 billion, or $2.41 per share. The current quarter includes one month of downstream earnings related to discontinued operations associated with the April 30, 201
SNC-Lavalin announces that it has been awarded a contract by Statoil ASA to carry out the front-end engineering design (FEED) for an approximately 20,000-tonne substructure, part of the Bressay offshore development located in the UK sector of the North Sea. “We’re very pleased to continue supporting
Qatar Petroleum (QP), representing the Government of the State of Qatar, signed an agreement authorizing PetroChina Investment to acquire from GDF SUEZ Exploration Qatar B.V. 40% of the exploration and production rights under its Qatar’s Block 4 Exploration and Production Sharing Agreement (EPSA). G
Fluke Engenharia, an Acteon company, has won a new contract from Subsea 7 to fabricate 27 suction piles for use in the Guará–Lula field, which is part of the pre-salt cluster in the Santos basin, offshore Brazil. Fluke Engenharia will manufacture the products at its Macaé facilities and will deliver
Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in the Atlantic Margin, the North Sea and Norway, announces the preliminary results of the 6506/11‐9 S Cooper well in the Norwegian Sea (Faroe Petroleum 30%). The well has
